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This is today, I am taking a wait and see attitude before increasing my stock portfolio. This upswing was predicted by economists months ago.
Gee, didn't you JUST say a couple of posts back how economists were saying it was going to go DOWN?????
Oh I get it - just change your position based on whether the market is going down (in which case you can quote economists saying the market is going to fall "because" of Obama) - or whether the market is going up (in which case you can quote economists saying it was going up "anyway").
Flip/Flop
Flip/Flop
Spin, spin, spin.
Gee, you think if you flip/flop flip/flop fast enough and spin spin spin fast enough maybe you'll become airborne?
Gee, didn't you JUST say a couple of posts back how economists were saying it was going to go DOWN?????
Oh I get it - just change your position based on whether the market is going down (in which case you can quote economists saying the market is going to fall "because" of Obama) - or whether the market is going up (in which case you can quote economists saying it was going up "anyway").
Flip/Flop
Flip/Flop
Spin, spin, spin.
Gee, you think if you flip/flop flip/flop fast enough and spin spin spin fast enough maybe you'll become airborne?
LOL
Ken
Maybe read all of the posts. As I said, the economists predicted recovery in the market months ago. They also predicted that the housing market would stablize by SPring of '10. And for the record, the title of this thread was taken directly from the WSJ article I posted. So, lay off.
No need for spin from me, Obama & Co. have the corner on that market.
I'll wait until the bigger drop. I think the current situation is called a "bear market trap". Unfortunately there's not much Obama can do to stem the onslaught of damage Republicans caused. We're in the eye of the hurricane now.
Then how did Obama get it to rise so fast the last couple days? $3 trillion in new debt (and more soon to be added) isn't chump change. It's either going to save the economy or we'll find out that adding much more national debt wasn't a great approach.
Let's all give Obama the credit for turning the Bush economy around already -- the stock market went up considerably. Bush has absolutely no control over anything now, so what happens from here on is Obama's.
Bush influence was from March 2000 to March 2008. 8 years and now he's out of office and it's Obama's trillions in debt that are the solution or non-solution.
Then how did Obama get it to rise so fast the last couple days? $3 trillion in new debt (and more soon to be added) isn't chump change. It's either going to save the economy or we'll find out that adding much more national debt wasn't a great approach.
Let's all give Obama the credit for turning the Bush economy around already -- the stock market went up considerably. Bush has absolutely no control over anything now, so what happens from here on is Obama's.
Bush influence was from March 2000 to March 2008. 8 years and now he's out of office and it's Obama's trillions in debt that are the solution or non-solution.
The logic of your post is entirely wrong...
Economic downturns do not turn around in 60 days of a new administration...
DUBYA OWNS the severe recession we are in - it started almost a year and a half ago under his watch - due to his horrendous stewardship of the budget and the economy during his reign...
You can no more dismiss his responsibility for the negative effects of this recession - both the effects we have already seen - and those that are yet to happen - than you can dismiss Adolf Hitler's responsibility for the suffering in Europe after the end of WWII...
Sorry - but you'll have to spin a LOT better than that for the American people to listen to you.
Sorry - but you'll have to spin a LOT better than that for the American people to listen to you.
God, I wish that were true. As I live longer and longer. As I get increasingly well educated, and explore more and more intellectually, I have a true fear that the American people cannot see through the spin--until it is almost too late. Examples of that: The Gulf of Tonkin Incident, Weapons of Mass Destruction, Deregulation of the Banking Industry....
In each of those cases, eventually the American people "woke up." But not until long after much pain was caused...and still is being caused. As a nation we will screw up--of course--its only "human." But we need to be a lot quicker at recognizing our screw ups and changing course direction.
Maybe read all of the posts. As I said, the economists predicted recovery in the market months ago. They also predicted that the housing market would stablize by SPring of '10. And for the record, the title of this thread was taken directly from the WSJ article I posted. So, lay off.
No need for spin from me, Obama & Co. have the corner on that market.
I see nothing has changed. Oh well back to real life.
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